CWB.TO vs. RY
Compare and contrast key facts about Canadian Western Bank (CWB.TO) and Royal Bank of Canada (RY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWB.TO or RY.
Correlation
The correlation between CWB.TO and RY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CWB.TO vs. RY - Performance Comparison
Key characteristics
CWB.TO:
1.57
RY:
1.92
CWB.TO:
7.23
RY:
2.77
CWB.TO:
2.01
RY:
1.35
CWB.TO:
5.08
RY:
2.66
CWB.TO:
28.01
RY:
9.82
CWB.TO:
3.96%
RY:
3.01%
CWB.TO:
70.64%
RY:
15.38%
CWB.TO:
-74.51%
RY:
-63.03%
CWB.TO:
-7.17%
RY:
-4.75%
Fundamentals
CWB.TO:
CA$5.48B
RY:
$171.00B
CWB.TO:
CA$2.76
RY:
$7.87
CWB.TO:
20.52
RY:
15.36
CWB.TO:
1.40
RY:
3.27
CWB.TO:
CA$1.29B
RY:
$43.73B
CWB.TO:
CA$578.06M
RY:
$43.73B
CWB.TO:
CA$36.34M
RY:
$20.91B
Returns By Period
In the year-to-date period, CWB.TO achieves a -3.61% return, which is significantly lower than RY's 1.19% return. Over the past 10 years, CWB.TO has outperformed RY with an annualized return of 15.16%, while RY has yielded a comparatively lower 11.49% annualized return.
CWB.TO
-3.61%
-2.02%
19.40%
114.65%
22.58%
15.16%
RY
1.19%
1.16%
9.21%
28.15%
12.69%
11.49%
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Risk-Adjusted Performance
CWB.TO vs. RY — Risk-Adjusted Performance Rank
CWB.TO
RY
CWB.TO vs. RY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Western Bank (CWB.TO) and Royal Bank of Canada (RY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CWB.TO vs. RY - Dividend Comparison
CWB.TO's dividend yield for the trailing twelve months is around 4.86%, more than RY's 3.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWB.TO Canadian Western Bank | 4.86% | 4.84% | 8.88% | 11.06% | 7.72% | 10.82% | 8.73% | 3.92% | 2.39% | 3.03% | 3.76% | 2.44% |
RY Royal Bank of Canada | 3.41% | 3.39% | 3.93% | 4.12% | 3.28% | 3.86% | 3.88% | 4.29% | 3.28% | 3.59% | 4.54% | 3.73% |
Drawdowns
CWB.TO vs. RY - Drawdown Comparison
The maximum CWB.TO drawdown since its inception was -74.51%, which is greater than RY's maximum drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for CWB.TO and RY. For additional features, visit the drawdowns tool.
Volatility
CWB.TO vs. RY - Volatility Comparison
The current volatility for Canadian Western Bank (CWB.TO) is 4.02%, while Royal Bank of Canada (RY) has a volatility of 4.54%. This indicates that CWB.TO experiences smaller price fluctuations and is considered to be less risky than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CWB.TO vs. RY - Financials Comparison
This section allows you to compare key financial metrics between Canadian Western Bank and Royal Bank of Canada. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities